Box lines will reap consolidation benefits, but ‘shippers need not be alarmed’

Despite the radical changes in the container shipping landscape, that will see almost 90% of trade controlled by just seven operators, shippers should not be overly concerned about a loss of competitiveness in the market.
That is the view of consultantcy Drewry in its latest Container Insight report.
It points to the “collapse” of freight rates in the second half of last year, which it said was “far out of line” with strong …

The post Box lines will reap consolidation benefits, but ‘shippers need not be alarmed’ appeared first on The Loadstar.

Source: The Loadstar

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